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1 - 109 Old Kingston Road Ajax, Ontario L1T 3A6

1800 sqft
Fully Air Conditioned Forced Air

$899,000

Rare Investment Opportunity in Historic Ajax Village! Seize the chance to own a high-yield commercial/residential property in the prestigious Historic Ajax Village, a vibrant hub for local businesses, restaurants, pubs, and exciting community events that attract both residents and visitors. This three-storey property with a basement offers exceptional returns for its value: Ground Floor (604 sq ft) & Basement (622 sq ft) Leased to a top-rated nail salon in Ajax, ensuring stable commercial income. Newly Renovated 2nd & 3rd Floors (1,006 sq ft total) Features a modern 2-bedroom apartment with 1.5 bathrooms, a kitchen, a spacious living/dining area, and a balcony, currently leased to AAA tenants. Turnkey Investment Both residential and commercial tenants cover all utilities, with the owner responsible only for a $850/month management fee and property taxes. Don't miss out on this rare investment opportunity! (id:35544)

Property Details

MLS® Number E12031271
Property Type Retail
Community Name Central West
AmenitiesNearBy Public Transit
Features Conservation/green Belt

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1800 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
ZoningDescription Vc1 (village Core Mixed Use One)
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